Sunday, January 10, 2010
ANX - A Stock Poised To Post Significant Gains This Year - Added To Guru's Buy and Hold List
Readers you might remember last year when I felt so strong about ADVC (old ticker ADVC). It was trading at a split adjusted $.13 a share when I wrote about it here. It surged almost 400% from that figure afterwards, and paid its shareholders a cash dividend to put the cherry on the top of those gains. I felt good before, during and after writing about that stock. I still feel good about it. You don't come across many penny stocks that are buy and holds. It looks like I can add another once to the list.
It is a stock you can buy and hold, and it is a stock that should post 300-400% gains from current price levels. Why do I say that? The name of the game is follow the money, and right now the money is flowing into this stock. Also look whose holding shares of this stock.
Another factor contributing to the rise in shares is that the company is a rumored take over target. The amount of positives surrounding this stock would take a few more paragraphs of writing. I'd much rather leave that to someone who is much more familiar with the stock than I:
http://newsblaze.com/story/20100110141726trho.nb/topstory.html
I have a good feeling that this penny stock will hit $1 at some point this month. The $.50 mark has already been hit and looks to be a good target for the early portion of this week.
I'll have more on ANX in the next few days.
It is a stock you can buy and hold, and it is a stock that should post 300-400% gains from current price levels. Why do I say that? The name of the game is follow the money, and right now the money is flowing into this stock. Also look whose holding shares of this stock.
Another factor contributing to the rise in shares is that the company is a rumored take over target. The amount of positives surrounding this stock would take a few more paragraphs of writing. I'd much rather leave that to someone who is much more familiar with the stock than I:
http://newsblaze.com/story/20100110141726trho.nb/topstory.html
I have a good feeling that this penny stock will hit $1 at some point this month. The $.50 mark has already been hit and looks to be a good target for the early portion of this week.
I'll have more on ANX in the next few days.
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